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base info UNUS SED LEO

UNUS SED LEO to Namibian Dollar Converter and calculator

Convert 1UNUS SED LEO (LEO) to Namibian Dollar (NAD) equals $ 111.28 | Bitget

NAD information

About Namibian Dollar (NAD)

The Namibian Dollar (NAD), introduced in 1993, symbolizes more than just the monetary unit of Namibia; it represents the country's journey towards economic independence and stability. It is commonly abbreviated as NAD and represented by the symbol N$. Replacing the South African Rand, which is still legal tender in Namibia, the Namibian Dollar marked a significant step in post-apartheid Namibia's development.

Historical Background

The introduction of the Namibian Dollar was a pivotal move in Namibia’s journey following its independence from South African rule in 1990. The new currency was a symbol of national sovereignty, crucial in fostering a distinct national identity and independent economic policy.

Design and Symbolism

The design of the Namibian Dollar reflects the country’s rich natural heritage, cultural diversity, and history. Banknotes feature images of prominent national figures, indigenous wildlife, and significant landmarks that celebrate Namibia's unique identity. These designs not only serve a practical purpose but also act as emblems of national pride and heritage.

Economic Role

The Namibian Dollar plays a central role in the nation’s economy, which is bolstered by mining, agriculture, and tourism. As the primary medium of exchange, it supports these sectors, enabling trade and investment, and is essential for the country’s financial stability and growth.

Monetary Policy and Stability

Managed by the Bank of Namibia, the Namibian Dollar is pegged to the South African Rand, reflecting the close economic ties between the two countries. This peg provides a measure of stability for the Namibian Dollar, but it also means that its value is closely tied to that of the Rand. The bank's policies aim to stabilize the currency and control inflation, crucial for maintaining economic confidence.

International Trade and the Namibian Dollar

In international trade, the value of the Namibian Dollar is crucial, especially for Namibia's exports, such as diamonds, uranium, and beef. A stable and competitive exchange rate is vital for maintaining export competitiveness and attracting foreign investment.

Remittances and Economic Impact

Remittances from Namibians working abroad, particularly in South Africa and other countries, are a significant source of foreign income. These remittances, converted into Namibian Dollars, play a substantial role in supporting households and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular UNUS SED LEO currency pair is the LEO to NAD, with for UNUS SED LEO's currency code being LEO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

LEO to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, UNUS SED LEO has changed -1.52% to NAD. Based on the trend and price charts, UNUS SED LEO(LEO) has changed -1.52% to NAD while Namibian Dollar(NAD) has changed % to LEO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$111.28
0.0001% / 0.0004%vip-iconVIP
OKX
$111.48
0.080% / 0.100%
Yes
Gate.io
$110.91
0.1000% / 0.1000%
Yes
Bitfinex
$111.87
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 02:00:35(UTC+0)

What factors influence the conversion rate of UNUS SED LEO to Namibian Dollar?

UNUS SED LEO to Namibian Dollar is rising this week.
UNUS SED LEO's current market price is $ 111.28 per LEO, with a total market cap of $ 103,114,462,088.76 NAD based on a circulating supply of 926,591,000 LEO. The trading volume of UNUS SED LEO has changed by -38.04% ($ -17,579,314.03 NAD) in the last 24 hours. Last trading day, LEO's trading volume was $ 46,209,670.83.
Market cap
$5.40B
24h volume
$1.50M
Circulating supply
926.59M LEO

Conversion tables

The exchange rate of UNUS SED LEO is decreasing.
1 LEO is currently valued at $ 111.28 NAD , which means buying 5 LEO will cost $ 556.42 NAD . Similarly, $1 NAD can be traded for 0.008986 LEO, and $50 NAD can be converted to 0.4493 LEO, excluding any platform or gas fees.
The exchange rate of 1 LEO to Namibian Dollar has changed by +0.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.52%, reaching a high of 113.9 NAD and a low of 111.19 NAD . One month ago, the value of 1 LEO was $ 111.86 NAD , which represents a -0.51% change from its current value. Over the last year, UNUS SED LEO has changed by
+$
7.96NAD
, resulting in a change of +70.87% in its value.

LEO to NAD

Amount
02:24 am today
0.5 LEO
$55.64
1 LEO
$111.28
5 LEO
$556.42
10 LEO
$1,112.84
50 LEO
$5,564.18
100 LEO
$11,128.37
500 LEO
$55,641.84
1000 LEO
$111,283.68

NAD to LEO

Amount02:24 am today
0.5NAD0.004493  LEO
1NAD0.008986  LEO
5NAD0.04493  LEO
10NAD0.08986  LEO
50NAD0.4493  LEO
100NAD0.8986  LEO
500NAD4.49  LEO
1000NAD8.99  LEO
share

Today vs. 24 hours ago

Amount02:24 am today24 hours ago24h change
0.5 LEO$2.91$2.96
-1.52%
1 LEO$5.83$5.92
-1.52%
5 LEO$29.14$29.59
-1.52%
10 LEO$58.27$59.17
-1.52%
50 LEO$291.37$295.87
-1.52%
100 LEO$582.75$591.73
-1.52%
500 LEO$2,913.73$2,958.66
-1.52%
1000 LEO$5,827.47$5,917.32
-1.52%

Today vs. 1 month ago

Amount02:24 am today1 month ago1M change
0.5 LEO$2.91$2.93
-0.51%
1 LEO$5.83$5.86
-0.51%
5 LEO$29.14$29.29
-0.51%
10 LEO$58.27$58.58
-0.51%
50 LEO$291.37$292.88
-0.51%
100 LEO$582.75$585.76
-0.51%
500 LEO$2,913.73$2,928.78
-0.51%
1000 LEO$5,827.47$5,857.56
-0.51%

Today vs. 1 year ago

Amount02:24 am today1 year ago1Y change
0.5 LEO$2.91$1.71
+70.87%
1 LEO$5.83$3.41
+70.87%
5 LEO$29.14$17.05
+70.87%
10 LEO$58.27$34.11
+70.87%
50 LEO$291.37$170.53
+70.87%
100 LEO$582.75$341.06
+70.87%
500 LEO$2,913.73$1,705.28
+70.87%
1000 LEO$5,827.47$3,410.56
+70.87%

FAQ

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